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Nomura downgrades Air Lease (AL) to a Hold

Tipranks - Tue Mar 17, 2:15AM CDT

Air Lease received a Hold rating and price target from Nomura analyst Saion Mukherjee today.

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According to TipRanks, Mukherjee is a 3-star analyst with an average return of 8.8% and a 57.14% success rate.

Air Lease has an analyst consensus of Hold, with a price target consensus of INR6,018.02.

Based on Air Lease’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $820.38 million and a net profit of $180.93 million. In comparison, last year the company earned a revenue of $712.9 million and had a net profit of $112.92 million

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